Graduates from Science, Technology, Engineering, and Mathematics (STEM) are usually found to have higher wages and a … overqualification and wages in a causal way, since individuals choosing these subjects might differ systematically in unobserved … differences in the risk of overqualification and wages when STEM graduates are compared to the Business & Law group, while it …

wages in start‐ups unambiguously predicts the existence and the direction of wage differentials between spin‐offs and non … higher wages to employees with linkages to the university sector – either as university graduates or as student workers. …

elasticities derived from microeconometric models can also be explained by modeling assumptions with respect to wages. Specifically … very sensitive to the treatment of wages. In particular, the often-made but highly restrictive independence assumption … between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests …

rates, but in the longer-term only modest effects remain due to higher wages. …